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20110701
20110731
Search Results 0 to 7 of about 8 (some duplicates have been removed)
with tax cry says, they're using a huge chunk of change to fund the war in afghanistan. that bill is almost 1$118 billion. that's for base security, reconstruction, foreign aid and other related expenses. manis manisha. >> is all that taxpayer money really going where it's supposed to go? a source with knowledge of that tells cnn they've uncovered a scandal. part of it was diverted into the hands of afghan power brokers and also into the hands of -- get this -- itself. what's the story? >> well, this is coming from an internal document that has yet to be released. effectively what it's saying is rufrly three quarters of the cost allocated to eight companies here in afghanistan, trucking companies, has been miss appropriated in some ways. there seems to be a sears of contracts and subcontracts in which the money had been funneled down into different groups and in some cases ended up in the hands of the taliban. the question is how could something like this happen? well, it seems pretty clear that keeping track of subcontractor dollars even in washington is difficult. in afghanistan, however,
following a discussion of rockets being fired into afghanistan from across the border in afghanistan. the pakistani government denied responsibility for recent deadly rocket attacks in afghanistan. those are the headlines. i'm monita rajpal in london. "world business today" starts right now. good morning from cnn london. i'm nina dos santos. more advertisers consider pulling the plug as britain's tabloids is hacked. >>> and touching a raw nerve. we'll tell you why japan's meat eating carnival girls have a beef with the boys. >>> first up, though, let's take a look at the markets. it's been a mixed day for asia's stock markets. banking stocks sunk in china. here in europe we had a down beat start to the day. european stock markets have been open for slightly more than an hour at the moment, and as you can see, most of them firmly stuck in the red at the moment. >>> and let's have a look at the currencies because on the currencies front the euro is down by three-tenths of one u.s. dollar. a little under 81 as you can see at the moment. 80.80 is where we stand. in asia it was a mixed da
of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out of the paper's parent company, which is newscorp. its stock price fell 5% on wednesday. did pull back as you see there. but ended the day down more than 3.5%. investors voting with their feet, as well, charles. >> it's fascinating to see the business world and the political world really moving together on this. and as members of parliament here in the u.k. agree to launch a public inquiry into "the news of the world" alleged hacking, showing prime minister david cameron, and the culture secretary on either side of rupert murdoch. the pressure is rising on the media mogul. it was britain's worst peacetime act of terrorism. but now, there are concerns that families of those killed on 7/7, in 2005, were also eavesdropped up
wars, one in iraq and one in afghanistan and keep in mind, this, of course, was post-9/11. nothing, though, compares to the bush tax cuts have had on the federal budget. how does this compare to barack obama? well, we're looking at projected spending here from 2009 all the way to 2017. there is president obama's health care package, obama care, $152 billion there. discretion nair extendy tear, stimulus tax cuts, just over $425 billion and barack obama had his own stimulus package, just over $700 billion. let's look at the two grand totals here. president bush, a grand total of over $5 billion, president obama about $1.5 trillion. what this says is, yes, both presidents spent a lot of money over a long period of time but this crisis has been years in the making. >> that's one of the criticisms that many on washington have been receiving. we saw this coming. >> now it's time for a spot of weather and it's not looking like a great weekend for us in asia. in fact, if winds were howling around our building. i believe it has a lot do with the tropical storm system that's passing by here
Search Results 0 to 7 of about 8 (some duplicates have been removed)